Easement Bond | Surety BondEasement Bond Application
Type of BondAn Easement Bond is required to protect property against any damage caused by a third party. Normally an Easement Bond is required in order to make land improvements to a property that is not yours. The bond guarantees that the property will be restored to its original condition, after any construction or improvements have been made. An Easement bond is required to be posted with the Obligee, which in most cases is a City or Town. The Obligee will determine the bond amount required to assure completion of the easement. Easement bond claims can be used for payments, losses, costs, damages, reclamation and any expenses in connection to the easement.
Program: Our agency currently has several specialty programs that can help you place your Easement Bond.
Easement Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Our application process for a Easement Bond is easy. You can apply for the Easement Bond Application .Find this bond for another state
Obligee InformationAn obligee is the entity that is requiring you to have the Easement.
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